With Muneeb Ali and our host, Giovanni Pigni, join us as we discuss the advantages of building on Bitcoin.
Muneeb Ali, co-founder of Stacks, a Bitcoin layer for smart contracts, and CEO of Trust Machines, which is developing the largest ecosystem of applications for Bitcoin and their underlying technologies, joins us on this week's episode of Market Talks.
Ali has been working on distributed systems and internet protocols for more than 15 years. He got his Ph.D. in computer science from Princeton University, where he also gives guest lectures from time to time.
First things first, we ask Ali to explain what it means to build on the Bitcoin network and how it differs from other networks so that we can get started.When discussing such matters, what, if any, are the advantages and disadvantages of developing smart contracts on a network?
Next, Ali's thoughts on the state of crypto at the moment and the current market conditions are discussed.The average investor might think that markets are boring, but we talk about whether or not these conditions are good or bad for builders in the industry.We get Ali's opinion on whether or not bear markets are a good time to develop better products and services.
Bitcoin vs. Ethereum smart contracts is the primary issue that everyone is concerned about.When compared to Ethereum, which appears to be the most widely used network for the use of smart contracts, why is Bitcoin a superior platform for building smart contracts?What distinguishes Bitcoin from Ethereum?While we are talking about the top two blockchain networks, we also talk about whether or not Ether (ETH) can or will ever flip Bitcoin (BTC) and become the dominant asset.
The best use for Bitcoin is either to hold onto it as a store of value and lend it securely, or to become so widely accepted and used that it becomes the predominant currency used on a daily basis.We have one of the industry's brightest minds to answer all of your questions.Therefore, ensure that you are tuned in to stay informed and up to date on the most recent information.
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